High Court Judge Boniface Wamala of the Civil Division has awarded the family of a maid who died in Saudi Arabia in 2019 250 million Shillings. Namale Desire and her uncle Muyingo Mutasa Charles sued Horeb Services Uganda Limited the recruitment company and its director Ezra Mugisha over the death
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Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment
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Lending activity by the banking institutions supervised by the Bank of Uganda improved in the financial year ending June 2024, with loans growing by 6.8 percent. In total, Shillings 22.6 trillion was lent out to different borrowers over the year, compared to Shillings 21 trillion for the previous year. It
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L-R: Sam Ntulume (I&M Bank Executive Director), Robin Bairstow (I&M Bank CEO), Kihara Maina (I&M Bank Regional CEO), and Edward Burbidge (I&M Burbidge Capital Ltd. CEO) at the Enjovu Family Business Breakfast in March The Enjovu Family Business Conference is back, and is slated for this Friday- October 11, at
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Maj Gen (rtd) Kahinda Otafiire, Minister of Internal Affairs At least 30 staff members of the NGO Bureau have lost their jobs after the semi-autonomous entity was reverted to the Ministry of Internal Affairs. The NGO Bureau, which operates from Kingdom Kampala, had 42 staff, now reduced to 12 following
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BoU Deputy Governor, Michael Atingi-Ego (Centre) The Bank of Uganda has further reduced its base interest rate (the Central Bank Rate) for the second consecutive monthly review to 9.75 percent for October, down from 10.0 percent in September 2024. This follows a decline in inflation from 3.5 percent at the
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dfcu has been a pillar of Uganda’s financial landscape for the past 60 years, helping individuals and businesses thrive. However, beyond financial services, the bank has built a solid reputation for its dedication to creating lasting social impact through strategic corporate social responsibility (CSR) initiatives. Two recent partnerships—the Jinja Rotary Cancer
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UPDF's General Muhoozi Kainerugaba The United States Embassy in Uganda is yet to receive any formal request to apologize to President Yoweri Kaguta Museveni as demanded by Gen. Muhoozi Kainerugaba, the Chief of Defense Forces. In a tweet last week, Muhoozi said the country was about to see a confrontation
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Somdev Sen will be starting a new role at MTN Rwand having served MTN Uganda for 7 years MTN Uganda Limited has revealed that Somdev Sen will cease to be the Chief Marketing Officer of the company effective October 11th 2024, following the end of his tenure. During his seven (7)
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Women entrepreneurs turned up in big numbers for the dfcu GROW Launch in Mbarara dfcu Bank has today officially launched the GROW initiative in Western Uganda, aimed at providing financial support and capacity building for women entrepreneurs. The initiative, which targets women-owned businesses, is designed to equip female entrepreneurs with the
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